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Fibonacci Extension

Biocon might surprise Warning! Stop loss is deep 15-20% Biocon reported 3x profit in Sept23 quarter. As per charts its could have ended long drop from all time high. Elliott wave count added on charts. DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its levels discussed are solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Seek help of your financial advisor before investing/tradin
NSE:BIOCON
by Niftydirection
PNB next Potential Target according to Fibonaaci Chart Type : Candlestick Time frame : Daily Tool Used: Fibonacci Extension Please note that this analysis is based on the geometry of the chart, it is not a data based analysis. From March 2023 the price has moved 85%. But for analysis we consider a strong swing of 65% which is from July2023 to today's candle and the Fibonacci extension is not drawn on the log scale. According to this setup the next potential target is at 89.85 which is a 23.60% level of Fib extension. Thanks Er. Simranji
NSE:PNBLong
by ssvirdi
Nifty - near ATH, what's next?NSE:NIFTY reached near its All Time High 19000, peoples are talking about big fall but here the view seems different to me, As per my Elliott wave study and my counting on it which can differ with every EWT user above is my shared view, please look carefully & have a happy trading here are some points to take in consideration. 1] Price is still in channel. also there is reverse breakout from wedge. 2] Wave 4 correction was not clear until the breakout happened. 3] VIX is near 11. So, volatilit
NSE:NIFTYLong
by Ajay7871
Elliott wave counts of USOIL and Fibonacci levels (up, down, up)Hello Friends, here we had shared possible Elliott wave counts of USOIL CRUDEOIL chart on hourly time frame, which is suggesting we are currently in impulse wave of some degree, in which we had completed (i)-(ii)-(iii)-(iv) and now possibly we are unfolding wave (v) of bigger degree wave 1, in this scenario we had seen that wave (iii) has been extended and clearly showing subdivisions inside it and also shown gap up as its nature, so we can assume that wave (v) can go up to equality of wave (i)
TVC:USOIL
by RK_Chaarts
Trade Idea on SRF with Bird Eye View and Notes Following is the bird-eye view of SRF point-wise: 1 and 2) I see two patterns here on a Weekly time frame; 1 is a parallel channel, and 2 is a symmetrical triangle ( Note: Both can be bullish or bearish patterns depending on their previous more significant wave, here it was bullish ) ( Note 2: Currently sitting at the support of bottom parallel channel making a W pattern and sitting at bottom support of symmetrical pattern too ) 3) It's a Fibonacci extension, made for the consolidation zone
NSE:SRFLong
by Apoorv-Dubey_SEBI-RA
NIFTY (TIME & LUNAR CYCLE)The very word “lunacy” dates back to the 15th century when it was believed the moon and its phases could make people become more or less aggressive, depending on its place in the lunar cycle Several studies found a connection between full and new Moons and stock market performance. Generally, stocks tend to perform better in the days around the New Moon, while price weakness is more frequently seen in the days around Full Moon. It was also observed that major market crashes have a history of h
NSE:NIFTY
by AdarshDey
5
Uptrend Continues in MAS Good Day, Hello Traders, See how beautifully it is following Fibonacci Levels as the rounding bottom is completed Now the next targets lined up are 909/ 971 / 1048 / 1188 Time Frame: Daily Hold for 8 to 12 months. It also depends how market behaves, however the trend and the sentiment is bullish . Chart Self Explantory. Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking an
NSE:MASFINLong
by Piscean17th
Nifty Analysis: A Bullish Scenario 🚀Hi 👋 There are always two potentially predominant scenarios possible in the stock market – Bullish and Bearish. Most people involved in the stock market like to read and appreciate the positive side of the market, that is bullish. This is because they always ‘Buy’ and never sell. Neither they sell to ‘Short’ the market nor to take profit 😉 This idea is representing the bullish scenario of the market. I have used minimal tools – Support and Resistance; Fib Time Zones; Fib Extensions and a self-
NSE:NIFTYLong
by Bravetotrade
16